Written Answers from the Department for Energy Security and Net Zero – car and battery investment

These are small sums by global standards but a reminder of the burden on taxpayers from trying to force the pace of consumer change.

 

Department for Business and Trade provided the following answer to your written parliamentary question (187006):

Question:
To ask the Secretary of State for Business and Trade, what the budget for subsidies to attract investment in car and battery manufacture (a) was this year and (b) will be next year. (187006)

Tabled on: 02 June 2023

Answer:
Ms Nusrat Ghani:

HM Government has allocated Ā£257m of capital budget for supply chain and finished vehicle manufacturing for this financial year (2023/24) and Ā£268m for the next financial year (2024/25).

In addition, through the Advanced Propulsion Centre and Faraday Battery Challenge programmes, with budgets of Ā£127.1m this financial year (2023/24) and Ā£77.5m next year (2024/25), the Government supports research and development into the next generation of low carbon and zero emission vehicle technologies and the design, development, manufacturing, and recycling of electric batteries.

The answer was submitted on 12 Jun 2023 at 15:11.

3 Comments

  1. iain gill
    June 15, 2023

    Battery production and disposal is high pollution and safety risk, so inevitably to operate here anyone doing it will have a lot of expense of compliance with various rules and regulations which will only get tighter through time. So production will inevitably move to China and India where these costs are far lower, and we will import the output from there. Cos thats the way the “green” thing works isnt it? All manufacturing moves to China and India and we just produce “services” and import all the good we need?

  2. Bloke
    June 15, 2023

    Highly-efficient lightweight battery creation would be a major advance. Govt should incentivise more creativity to invent a bright new solution instead of just making small improvements to heavy old technology.

    1. hefner
      June 19, 2023

      Could you tell me what you donā€™t like among the projects funded by the Advanced Propulsion Centre UK (apcuk.co.uk see ā€˜Funded projectsā€™).

Comments are closed.